The Manor House, the historic center of Ken-Caryl, is in foreclosure, according to information provided by the Jefferson County public trustee.
Property owner T&T LLC, a rent-to-own business created in part by Michael Shinn, owes $1,234,081.11 on a $1.8 million loan it secured from Horizon Banks in March 2006. Shinn acquired the Manor House nearly two years ago with the initial intent to turn it into a headquarters for T&T LLC, which his sons now operate. However, the Manor House was ultimately restored to a high-end restaurant and event center, reopening in October 2006.